Air China oil imports up 6.2% qoq
"Xinhua 08 system," March 21 release in February China's jet fuel import composite price index, China's imports of jet fuel in February after-tax price of RMB 7200 yuan / ton, compared with January of 6780 yuan / ton, up 420 yuan / ton , or 6.2%.
Xinhua Economic analysts said the international crude oil prices rose in January, the Asian jet fuel arbitrage to Europe and refinery maintenance and other factors pushing up the price of aviation kerosene in Singapore market. However, the RMB exchange rate increases, lower oil freight index to some extent stabilize the country has played a role in import prices of aviation kerosene. February Chinese imports to the shore of aviation kerosene prices rose still slightly lower than the Brent crude oil rises.
LCD upstream raw material supply
Marketing consulting firm CCID Consulting's "Japan earthquake impact on China's electronic information industry," predicted that by the earthquake in Japan, second quarter of 2011, LCD upstream raw material supply will be in the state.
Report revealed that Japan's LCD industry, mainly in central and southern Japan, east and west coast cities and counties to the southern coastal region dominated things in these areas and the Northeast than far from the earthquake zone. Japan's LCD industry has not been the direct destruction of the earthquake, but the traffic caused by the earthquake, destruction of power systems and related companies in Japan LCD production will be affected, and caused the decline in productivity.
With global food prices last year rose 29%, 15% of domestic food prices, the price of fertilizer this year rose 10% to 20%. According to the survey, the current fertilizer prices are at a high level throughout operation.
Experts said that agricultural prices increased the cost of grain farmers to push up food prices, but not the whole of fertilizer supply and demand gap, for example, the annual demand of urea in 5500 million to 60 million tons, but production 7,000 tons; P annual demand of about 14 million tons, already more than 20 million tons production capacity.
At the same time the Ministry of Agriculture is concerned about the issue of fertilizer prices, "a multi-pronged" will fertilizer prices inhibition. (Dan Green)